OPEC Warns Of Growing Economic Uncertainty But Reaffirms Oil Demand Outlook ...Middle East

OPEC on Tuesday kept its oil demand growth forecast for 2023 mostly unchanged from last month but warned of increased economic uncertainties ahead due to high interest rates and persistent inflation. OPEC sees global oil demand growth at 2.35 million barrels per day (bpd) this year in its closely-watched Monthly Oil Market Report (MOMR) out on Tuesday, essentially unchanged from the 2.33 million bpd estimate in last month’s report.   The overwhelming part of the growth will come from non-OECD economies, where oil demand is set to rise…

Hence then, the article about opec warns of growing economic uncertainty but reaffirms oil demand outlook was published today ( Tuesday 13/06/2023 - 05:04 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( OPEC Warns Of Growing Economic Uncertainty But Reaffirms Oil Demand Outlook )

Also on site :

• SECOM Singapore Receives Frost & Sullivan's 2025 Singapore Customer Value Leadership Recognition in the Integrated Security Services Industry
• Trump’s chaotic governing style is hurting the value of the U.S. dollar
• Europe’s Russian Gas Ban Is Set to Trigger a New Wave of LNG Tanker Demand